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Q&A: What is a market 'correction' and why does it matter?

 

A dismal start for the stock market this year has pushed its major indexes into what is known as a "correction," or decline of 10 percent or more from a recent peak. Here are some common questions asked about corrections and what they mean to investors:

Last Updated on Thursday, 14 January 2016

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PM says Turkish artillery hit IS positions in Iraq, Syria

ANKARA, Turkey (AP) — Turkish tanks and artillery have attacked Islamic State group positions in Iraq and in Syria in retaliation for the suicide bombing in Istanbul which killed 10 tourists, Turkish Prime Minister Ahmet Davutoglu said Thursday.

Last Updated on Thursday, 14 January 2016

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Alan Rickman, star of stage and 'Harry Potter' dies at 69

LONDON (AP) — British actor Alan Rickman, a classically trained stage star and sensual screen villain in the "Harry Potter" saga and other films, has died. He was 69.

Last Updated on Thursday, 14 January 2016

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Pittsburgh carjackers run away from stick-shift vehicle

PITTSBURGH (AP) — Pittsburgh police are searching for two would-be carjackers who apparently can't drive a stick-shift.

Last Updated on Thursday, 14 January 2016

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Polish prime minster: No risk of EU sanctions against Poland

WARSAW, Poland (AP) — Poland's right-wing prime minister said Thursday she doesn't believe the European Union will impose sanctions on the country over new laws that have been criticized as running counter to the bloc's principle of the rule of law.

Last Updated on Thursday, 14 January 2016

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Pentagon lays out plan to take back Mosul, Raqqa from IS

FORT CAMPBELL, KY (AP) — Defense Secretary Ash Carter laid out broad plans Wednesday to defeat Islamic State militants and retake the group's key power centers in Iraq and Syria. And he announced that a special commando force has now arrived in Iraq.

Last Updated on Wednesday, 13 January 2016

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'Sesame Street': Now brought to you by the letters HBO

NEW YORK (AP) — With the extension of "Sesame Street" into a high-price neighborhood — HBO, where it premieres Saturday morning — it has signaled significant urban renewal.

Last Updated on Wednesday, 13 January 2016

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US, Iran forge new relationship as nuke deal advances

WASHINGTON (AP) — For diplomats from countries without diplomatic relations, Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javid Zarif sure are doing a lot of diplomacy.

Last Updated on Wednesday, 13 January 2016

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